v3.19.1

Balance Sheets - USD ($)	Mar. 31, 2019	Dec. 31, 2018
ASSETS
Cash and bank balances	$ 554	$ 554
Other receivables	40,334	40,334
Total assets	40,888	40,888
Current liabilities
Accrued liabilities	7,175	10,232
Amount owing to directors	46,192	46,192
Amount owing to shareholders	115,828	110,791
Total liabilities	169,195	167,215
STOCKHOLDERS' EQUITY (DEFICIT)
Authorized: 5,000,000,000 common shares with a par value of $0.001 Issued and Outstanding: 126,000,000 common shares	6,300	6,300
Additional paid in capital	24,700	24,700
Deficit accumulated during the development stage	(159,307)	(157,327)
Total stockholders' deficit	(128,307)	(126,327)
Total liabilities and stockholders' deficit	$ 40,888	$ 40,888

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Inbit Corp 10-Q